Lemon Tree Hotels Expands in Gujarat: New Hotel in Morbi Announced

On June 19, 2024, Lemon Tree Hotels announced they would manage a new hotel in Morbi, Gujarat, India. The hotel is expected to open in the fiscal year 2029.

Morbi, located on the Kathiawar peninsula in Gujarat, has a rich history and cultural heritage. It used to be the capital of the Morvi State and is known as India’s “ceramics capital” because of its thriving pottery industry. Besides its business importance, Morbi is famous for landmarks like the Morbi Palace and the Hanging Bridge, which unfortunately collapsed in 2022.

Key Features of Lemon Tree Hotel, Morbi

Lemon Tree Hotel in Morbi will have 75 comfortable rooms, a restaurant, a banquet hall, a meeting room, a spa, and a swimming pool. It’s approximately 65 kilometres from Rajkot International Airport and about 12 kilometres from Morbi Railway Station. The hotel is easily accessible by road for both public and private transportation.

On the occasion, Mr. Vilas Pawar, CEO of Managed & Franchise Business Lemon Tree Hotels, commented, “We are pleased to announce the expansion of our portfolio in Gujarat with our valued partner Shivdarsh Hospitality Private Limited. As we look to diversify our portfolio with properties across the country, we are making forays into tier II, III and IV cities. This opening will be in addition to our six existing and eight upcoming hotels and resorts in the state, and we are looking to expand our footprint in Gujarat further.”

About Lemon Tree Hotels Limited

Lemon Tree Hotels  (LTHL) is one of India’s largest hotel chains, operating across various segments, including upscale, upper-midscale, midscale, and economy. They own, lease, manage, and franchise hotels. LTHL is known for providing distinct and high-quality services with attractive value propositions. The group offers 7 different brands to cater to the diverse needs of guests: Aurika Hotels & Resorts, Lemon Tree Premier, Lemon Tree Hotels, Red Fox Hotels by Lemon Tree Hotels, Keys Prima by Lemon Tree Hotels, Keys Select by Lemon Tree Hotels, and Keys Lite by Lemon Tree Hotels.

On June 20, 2024, Lemon Tree Hotels Limited’s share price opened at ₹146.37, touching the highest price of ₹149.37 as of 11:13 AM on the NSE.

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